Monday, November 9, 2026 · Customer reviews of US businesses
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62 reviews
iQ EA Forex Cloud TradingSelect a line to read only those reviews.
Honesty, pricing, process and quality scores appear once 5 customers have rated them.
The iQ EA is a top-tier autonomous trading platform for Forex and Synthetic Indices. Unlike most automated Expert Advisors, it replaces VPS with a cutting-edge Cloud infrastructure built on reliable Unix servers. Developed in Python, iQ EA leverages the power of ChatGPT-4 and AIPRM, fully utilizing AI potential. Its integrated machine-learning algorithms ensure high accuracy even in volatile markets, while AI-driven hedging strategies provide long-term stability, protecting investments against sudden market changes.
iQ EA Forex Cloud Trading (iq-ea.com) has 62 customer reviews on The Fair Hearing, with an average rating of 3.7 out of 5.
62 approved reviews, newest moderated first
Absolutely incapable of honesty or trading. Blows accounts all over town in a spectacular way - blames the market and or tech issues and then starts a new scheme and does it all again!!! Boasts profits of $600k but lost that and all the capital as well. Just run a mile!!!
By Neil
After a decade of up and downs in performance and excellent contact & follow-up, I followed the manager's injunction to move to top tier Fx broker MAM account for an "absolute" secure technical setup that would reveal all the potential of the algo (from Agimat to iQ EA Cloud, a complete rewrite). Even at a steep profit sharing cost, I decided it was worth it and got setup in Jan 2025. till March 5, all was excellent. just as said. Then March 5 I started reeiving margin call pre alert (50%) from Broker. Despite being travelling, I managed to forward such to the Dennis. No reply. Then another alert form broker about 1st level margin call. forwarded. Then final email: Accounts(2) were wiped out of $170k each. All of that manager's broker MAM subaccounts were blown out that day (sub MAM accounts can only blow out when the master MAM account does). Negligence and incompetency responsabilities lies with Dennis as the designer, developper and implementor of the technical solution. We have been in touch since then as I need and expect reparation, but so far nothing materialized, not even seed money to rebuild lost equity within a reasonable time. A margin call is unprofessional and suffer no excuse. Sufficient to say a margin call may not always be closing your trades in time due to spread spikes and price gaps, in which case you as the broker's client become liable for all broker losses, even on a MAM account. Beware!
By Olivier M.
My account was blown last year when others had their accounts blown as well. I totally agree with recent comments. I withdrew my last £500 and would never go near anything from Dennis again. I have since used a bot with Ardor trading and have been very happy with them. You can choose for them to run your bot for you or they set it up for you on your vps and there is a telegram group where they tell you the recommended schedule for turning the bots on and off.
By Alexa
Response from iQ EA Forex Cloud Trading· Mar 14, 2025
After significant updates, we recently completed a successful stress test that confirmed our system performs reliably even under challenging market conditions. During the past week, several high-impact news events occurred, and our updated system proactively paused trading several hours in advance to protect client accounts. We’ve also introduced an advanced monitoring agent that quickly detects unusual trading volumes—an early signal of potential market movements that might not be visible on charts. This improvement was validated during our recent stress test. We greatly appreciate your feedback and remain committed to continuous improvements to avoid similar issues in the future.
If I could give less than 1 star I would. Dennis does not use any form of DD control on this system and its caused a lot of people to lose their account that are connected to his trading. Its completely unethical the way he has marketed and risked peoples money. Please stay away
By James
Response from iQ EA Forex Cloud Trading· Mar 14, 2025
Following significant updates, we recently conducted a successful stress test, confirming the system's enhanced performance under challenging market conditions. Over the past week, several high-impact news events occurred, and our updated system proactively paused trading hours in advance to safeguard client accounts. Additionally, we’ve implemented an advanced monitoring agent that swiftly detects unusual trading volume—an early indicator of potential market shifts that charts alone might not reveal. This enhancement was successfully validated during our recent stress test. Your feedback is invaluable, and we remain committed to ongoing improvements to prevent similar issues in the future.
This so-called "super-smart AI" turned out to be a complete disaster. Within just two months, a staggering $1.2 million in client funds was lost. His promises of advanced AI-driven strategies are nothing but empty words, and the results speak for themselves—total financial ruin. Rather than delivering on his claims, he has proven to be an incompetent operator who misleads clients with flashy marketing but lacks the ability to generate real results. If you value your money, stay far away from this service.
By Max M.
Response from iQ EA Forex Cloud Trading· Mar 14, 2025
I understand your frustration and sincerely regret what you've experienced. We recently ran a successful stress test after implementing significant updates, which confirmed the system's improved performance even under tough market conditions. In the past week, multiple high-impact news events occurred, and our updated system proactively paused trading hours in advance to protect client accounts. We've also introduced an advanced monitoring agent that quickly alerts us to unusual trading volume—an early sign of potential market shifts that charts alone might miss. This improvement was successfully verified during our recent stress test. Your feedback is very important to us, and we're committed to making continuous improvements to avoid issues like this in the future. Please feel free to contact us directly if you'd like to discuss this further.
The EA blew the MAM account taking a 75% realised loss in a night. And still another 10% in the red. Maybe we get to salvage 5% or 20% if we are lucky. Like everyone else, I will be definitely withdrawing all my funds, if there's any left. Update: All positions were closed and I salvaged about 3% of my account.
By KK T.
Response from iQ EA Forex Cloud Trading· Mar 14, 2025
I'm sorry to see your frustration and genuinely regret the experience you've had. I completely understand your disappointment. We recently completed a comprehensive stress test with significant updates, clearly demonstrating improved effectiveness under challenging conditions. Over the past week, several high-impact news events occurred, and our updated system consistently halted trading proactively, several hours in advance, to protect client funds. Additionally, we've implemented a more advanced monitoring agent that alerts us promptly to fluctuations in trading volume—an important indicator of potential market movements that isn’t always visible on charts. This enhancement aligns with the improvements validated by the stress test and ensures we respond swiftly to emerging market risks. Your feedback is deeply valuable, and we're committed to continuously refining our system to prevent such experiences in the future. If you’d like to discuss this in more detail, please feel free to reach out directly.
the iq ea Forex cloud trading which is smart application for auto trading the Forex safety with small amount money. I have happy that I used this APP to earn the money without high risk. I highly recommend all of you to join this. And, It is auto setup by IQ EA administrator, thank you so much. It take me save time .
By Yee M.
Incredible service, outstanding results, peace of mind. My investment doubled in only 5 months, the max. drawdown was 10% and there was not a single losing week. Dennis is monitoring the system closely and navigating it safely through the waves of the market. You can do the math. OUTSTANDING
By Mariana H.
Response from iQ EA Forex Cloud Trading· Nov 11, 2024
Thank you for the fantastic feedback! 😊 We’re thrilled to provide you with such strong results and peace of mind. Doubling your investment with a max 10% drawdown and no losing weeks is what we aim for! Here’s to continued success together! 🚀
